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TRRVF (TerraVest Industries) Gross Margin % : 30.11% (As of Dec. 2024)


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What is TerraVest Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TerraVest Industries's Gross Profit for the three months ended in Dec. 2024 was $49.6 Mil. TerraVest Industries's Revenue for the three months ended in Dec. 2024 was $164.7 Mil. Therefore, TerraVest Industries's Gross Margin % for the quarter that ended in Dec. 2024 was 30.11%.


The historical rank and industry rank for TerraVest Industries's Gross Margin % or its related term are showing as below:

TRRVF' s Gross Margin % Range Over the Past 10 Years
Min: 21.57   Med: 23.36   Max: 29.25
Current: 29.25


During the past 13 years, the highest Gross Margin % of TerraVest Industries was 29.25%. The lowest was 21.57%. And the median was 23.36%.

TRRVF's Gross Margin % is ranked better than
50.96% of 887 companies
in the Oil & Gas industry
Industry Median: 28.42 vs TRRVF: 29.25

TerraVest Industries had a gross margin of 30.11% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TerraVest Industries was 2.90% per year.


TerraVest Industries Gross Margin % Historical Data

The historical data trend for TerraVest Industries's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TerraVest Industries Gross Margin % Chart

TerraVest Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.75 26.23 21.57 24.47 28.88

TerraVest Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.69 29.30 29.05 28.52 30.11

Competitive Comparison of TerraVest Industries's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TerraVest Industries's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TerraVest Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where TerraVest Industries's Gross Margin % falls into.


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TerraVest Industries Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

TerraVest Industries's Gross Margin for the fiscal year that ended in Sep. 2024 is calculated as

Gross Margin % (A: Sep. 2024 )=Gross Profit (A: Sep. 2024 ) / Revenue (A: Sep. 2024 )
=194.4 / 673.126
=(Revenue - Cost of Goods Sold) / Revenue
=(673.126 - 478.703) / 673.126
=28.88 %

TerraVest Industries's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=49.6 / 164.656
=(Revenue - Cost of Goods Sold) / Revenue
=(164.656 - 115.084) / 164.656
=30.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


TerraVest Industries  (OTCPK:TRRVF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

TerraVest Industries had a gross margin of 30.11% for the quarter that ended in Dec. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


TerraVest Industries Gross Margin % Related Terms

Thank you for viewing the detailed overview of TerraVest Industries's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


TerraVest Industries Business Description

Traded in Other Exchanges
Address
60th Street, Suite 6205, Vegreville, AB, CAN, T9C 1S3
TerraVest Industries Inc manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include Home Heating and Cooling Products and Containment Equipment (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment), and Service. The majority of its revenue is generated from its HVAC and Cooling Products and Containment Equipment segment which manufactures and distributes products including commercial and residential refined fuel tanks, wastewater treatment systems, grease removal systems, and other custom-built steel storage products.

TerraVest Industries Headlines